Evan, David & Sybil Yurman Of David Yurman Lease Retail Space From Neil Bluhm In Chicago
933 North Rush Street
Building Size
5,000 SF
Asset Type
Retail
Closing
Jan 21, 2026
About this deal
AI
The property asset is located at 933 North Rush Street in Chicago, featuring a retail space of 5,000 square feet. The asset is part of a market segment that has shown an increasing demand from luxury retailers, indicating a shift from traditional locations.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 933 North Rush Street
- Landlord: Neil Bluhm - JMB Realty
- Tenant: Evan, David & Sybil Yurman - David Yurman
- Brokers: Luke Molloy, Danny Jacobson & Stephen Ansani - CBRE
The transaction involves David Yurman relocating its Chicago store, indicating a strategic move within the retail market. This transaction marks the continuation of a trend where luxury brands are opting for locations with more favorable vacancies and proximity to high-end brands.
On the Map
Retail
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Chicago Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93